Professional Client

An investor that is able to meet several regulatory criteria.

An investor that is able to meet several regulatory criteria.

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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Income statement

A summary of a company's income and expenses over a set period of time.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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